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or not our political system, whether the leaders can get together, whether they can solve big problems or are they just going to kick the can? if you look at the statements of the rating agencies who have questioned the fiscal soundness of this country, it's about our political system, not being willing or able, seemingly, to take on big tasks. >> the president may be confident about a larger plan but senate minority leader mitch mcconnell, one of the key lawmakers involved in negotiations says he thinks a $4 trillion deal is off the table. >> everything they've told me and the speaker is that to get a big package would require big tax increases in the middle of the economic situation that's extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job-killer. >> after last night's white house meeting, house minority leader nancy pelosi said democrats are still hopeful for a large bipartisan agreement as long as it does not do harm to the middle class. and aides to john boehner says the speaker now believes the cuts outlined by vice president biden's bipartisan gro
/khrarpblgs us. you have the big main. usually there are 60 or a hundred or 50. the little guys are 20-15-30. if you want to shut off the power you shut off the little guys first than the main. when you throw a switch there is the arch. like water when water flows in an old house any you shut it off quick you get the hammer effect? that's like electricity. is it safe to do it if you smell natural gas? show of hands. >> nobody has their hands up. it's not safe to flicking any switches if you smell natural gas. how about if there is smoke coming out of an outlet. if you shut this off in an area where there is no gas, good idea. >> just about anything can be a hazardous material, cleaners, solvants, hair products anything can be hazardous. they are every where. the only time they are hazardous if they are misused our there is a disaster. do you see these in san francisco? that's probably propane. we have a port. in an industrial area. it identified where they are stored. are there hazardous storage places in this air? no. are there a dry cleaners? yes. who remembers grand auto. they ha
people that we can still do big things and so he will make the case to congressional leaders that we must reject the politics of least resistance and take on this critical challenge. joining us now is the senate's top republican who will be a key participant in today's talks. senator mitch mcconnell. welcome back to "fox news sunday." >> glad to be here. >> let's start with what happened and from your perspective, where do things stand now ahead of this meeting tonight at the white house. >> well, unfortunately, as the speaker said, they are insisting on the white house and congressional democrats, insisting on really big tax increases as a condition to do anything on the spending side. bret, we believe the president was right back in december when he signed a two-year extension of the current tax rates of raising taxes in the middle of this economic situation we're in is a terrible idea. i mean, just look at the unemployment figures last friday. all the arguments the president used in december still work today. there's an additional issue in addition to the unemployment at work here, it
% in the second quarter from a year ago. jpmorgan chase will be the first of the big banks to report on thursday. results from top tech player google are also expected thursday. also this week, investors will eye fresh economic data, starting with may's trade deficit on tuesday. also tuesday, minutes from the federal reserve's june meeting. wednesday, fed chairman ben bernanke delivers his biannual testimony to congress. retail sales and june's producer price index comes out thursday. and june's consumer price index is released friday. >>> elsewhere, precision cast parts says it has agreed to buy primus international for $900 million in cash. >>> reuters reports there's an emergency meeting in europe this morning over the debt crisis. they're now possibly spreading to italy. the region's third largest economy. friday italian stocks and bonds tumbled in a massive sell-off. >>> and finally, according to a new survey of college students and graduates, health insurance is the new love potion. 90% of surveyed students and 93% of recent grads said knowing a potential partner has health insurance would
at losses, big concerns over the solver debt crisis. report in a german newspaper is speculating that england may have to be included the bailout. so the european debt crisis is extending beyond grease, portugal and ireland and potentially italy. this is where we're looking at the european stock markets. off by more than 1% with the paris cac. reasons do with the greek debt crisis. a move away from the partial default. london ftse where banks are affected but not quite so badly as in germany and france up by about quarter of a percent and the losses are 2/3 of a percent for the seger smi. we'll have more of that coming up. >>> in terms of the currency markets, here we are, the main story here is that the euro remains under severe pressure, and i think that currency traders are talking in terms of the picture we've seen in recent weeks on the dollar coming to an end and that the dollar will remain in these kind of circumstances the safe haven currency. so looking at 1.5967. again, the pound under a lot of pressure. the euro, 1.4153 and 80.72. remarket stability for the yen dlafrmt
's analysis. labor big boss says the election season features sometimes a delusional president. if you think our president has problems check out his counterpart in iran. live from the studio in washington, this is "special report." good evening. i'm bret baier. we begin with washington's version of the irresistible force versus the unmovable object. president obama today said there will be no agreement on the debt ceiling if republicans don't budge on taxes. house speaker john boehner responded by saying that the house cannot pass a tax increase. the two sides met for another round of negotiations. white house correspondent mike emanuel has the latest. plus word of something that was apparently on the table for a while. >> trying to reach a grand debt deal, the sources say president obama offered to raise the medicare eligibility age from 65 to 67. there was also discussion of moving to actuarial tables deciding age eligibility rather than congress setting it. sources say there was no agreement because it was part of a package deal that mr. obama insisted also include increased tax revenues
amount. the administration says that's not enough. >> we need to do something very big, very substantial to bring our long term deficit downs over time. we have to do that in a -- deficits down over time. we have to do that in a way that's good for the economy that's still healing from the recession. >> everything they've told me and the speaker is to get a big package would require big tax increases in the middle of an economic situation that's extraordinarily difficult with 9.2% unemployment. >> an agreement between party leaders isn't the end of the fight. it still has to make it through a floor vote. >>> republican presidential candidate tim pawlenty taking shots at gop rivals michele bachmann today telling nbc's meet the press that bachmann has a nonexistent record of accomplishment during her three terms in congress. last month's poll in early voting iowa showed bachmann ahead of the pack, but pawlenty says don't count him out so soon. >> these early polls are not a good indicator of anything. if they were, rudy giuliani or hillary clinton would be president of the united states. t
this long. it all depends on how fit they are and if their will to live say big falk factor. >> they say they know their fathers are out there and they want to survive they just need answers. >> they want to cling onto that hope and you can't blame them. >> thank you. >> okay. >> tonight police blame a drug deal for the death of three men in richmond. gun fire erupted inside the apartment at the triangle court apartment housing complex. michael anderson, is among the dead. two of the victims a 19 and 20- year-old. two people described as material witnesses are still boeing questioned. >>> a collision between a speeding car and a fire engine is being blamed on drunk driving. thehe contractor happened just after midnight at high glenn road and may berry. the engine was leaving the scene of a house fire. nobody was injured but the car and fire truck were damaged. >>> part of gold country is under the eye of emergency people tonight. 200 firefighters are battling a 340-acre wildfire in a remote area of the foothills. arcing from power lines is the likely cause of the fire burning near sm
, hopes to score big in santa clara. why champ, hopes to score big in santa clara. why his star power may not be enough.. to seal a stadium deal. traffic ad libs president obama will hold a news conference this morning... as he ,,,,,,,,,,,,,, i know you're worried about making your savings last and having enough income when you retire. that's why i'm here -- to help come up with a plan and get you on the right path. i have more than a thousand fidelity experts working with me so that i can work one-on-one with you. it's your green line. but i'll be there every step of the way. call or come in and talk with us today. [ male announcer ] introducing icy hot naturals with natural menthol. it's gets icy to dull pain, hot to relax it away fast. new icy hot naturals. conference this morning... as he and congressional leaders continue to haggle, about how to cut the federal deficit and raise the debt limit. a rare sunday night meeting at the white house ended with little progress. republicans are rejecting the president's four trillion dollar deficit reduction proposal because it includes tax hik
the table. >> to get a big package would require a big tax increase in the middle of the economic situation that's extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job-killer. >> reporter: on sin's "meet the press," treasury secretary tim geithner said failing to reach a deal would be catastrophic. >> we need to do something substantial to bring our long term deficit down over time. >> reporter: the stakes high as the two sides try again today. so, the president will be answering questions at a press conference scheduled for 11 a.m. eastern time this morning. he'll then meet with congressional leaders this afternoon. he's asked republicans to bring specifics for their plan. >> thanks so much. a reminder for you, we'll have live coverage of the president's news conference beginning at 11 a.m. eastern time right here on msnbc. the place for politics. >>> officials at nasa are closely monitoring a piece of so-called space junk, which is on a potential collision course with the space shuttle "atlantis" and the international space station. nasa estimates that the ob
not be willing or able to, seemingly, take on big tasks. >> that happened all this week. kristin is live at the white house. a lot of talk. we're one day closer to that deadline. what can we expect to hear from the president in the next hour? >> hi there, richard. we expect the president to continue to push to get a big deal. what's a big deal? about $4 trillion in deaf sigz reductions over the next decade. at the end of last week, it looked like he and speaker boehner were moving towards the same page in terms of trying to get a big deal. that fell apart over the weekend. so we expect the president to resume calls for a big deal to say now is the time to seize the moment. there will be political pain on both sides. what he means by that is the democrats will have to come to the table over entitlements, making small changes to things like social security and medicare and the republicans will need to come to the table in terms of rolling back tax break for wealthy corporations and americans. as you said, richard, he's going to hammer this point that they will continue to work until they g
, no. now's the time to go big. get thing done for good. here he was, the president just this morning. >> i will not sign a 30 day or a 60 day or a 90-day extension. that's not an septemberabaccept approach. if it's hard now, how are the guys going to be thinking six months from now in the middle of an election season when they're all up. it's not going to get easier, it's going to get harder. we might as well do it now. pull off the band aid, eat our peas. now's the time to do it. if not now, when? >> brianna at the white house. bring us up to date. are the high stakes talks happening right this very second? >> as we understand it, brooke, these meetings continue here at the white house. president obama with top democrats and republicans in congress. you heard the tone that the president was striking there, like a parent trying to get two kids to share. he's been saying he's bending over backwards, giving up a lot and republicans are not. of course, that is his side of the story. if you were to think of him, he has a favorite child in all of this, right? the democrats. that's his par
house correspondent, and from cnn money. go big or go home. what is the republican push back? >> reporter: we're going to be finding out very shortly because house speaker john boehner will take to the cameras at 1:30 eastern essentially in the rebuttal to the news conference from the president earlier today. but the push back for republicans has been tax increases. you have republicans who have insisted on no tax increases, and democrats that insisted if there will be spending cuts, to achieve trillions of dollars in deficit savings. they don't want to abandon -- if there are going to be cuts to programs that are huge, they want to be able to say we pushed for sacrifices from wealthy americans and corporations. they are trying to strike kind of a just right agreement. because on one hand, you have a lot of republicans, and many of them who were swept into power in the last election saying we're going to cut spending and make government smaller, so the idea of tax increases, and certainly this is something a lot of them literally pledged they will not do, randi, it would forc
that is not the whole story? >>guest: you are right. people forget, and i forgot that obamacare, the big health care reform bill had half a trillion of new taxes over the next 10 years including tax on health insurance companies on investment income and hospitals and pharmacy companies and on employers so it is a major tax increase, the biggest ever in the last 25 years. people forgot about it so when democrats say to make it balances we need a tax increase, what we wrote today, didn't you just pass a big tax increase last year? you want $1 trillion increase on top of that? >> and so many of the tax increases do not come online until years down the road, so, although it was passed, and you think you may not have been slapped with it yet, in 2013 and 2015 and 2018 you will be. >>guest: gentleman that is why people for got. they did not take place until 20 thin or 2014 and some in 2018 for the health care plan. the question we have to ask, then, can the economy really get out of the rut with 9.2 percent unemployment and 14 million unemployed with $500 billion tax increase already in the works and, the
today for as big a deficit agreement as possible. that will require leadership and hard decisions, the president said, and not just from politicians. darren gersh reports. >> reporter: before he sat down with congressional leaders, the president said both parties talk tough about fixing the nation's debt problems, but they still aren't willing to come to the table and make hard sacrifices. and he added another group to that list: the nation's business leaders. >> the business community is a lot like everybody else, which is we want to cut everybody else's stuff and we want to keep our stuff. we want to cut our taxes, but if you want to raise revenue with somebody else's taxes, that's okay. and that kind of mindset is why we never get the problem solved. >> reporter: but house speaker john boehner says there is a reason businesses shouldn't be asked to give more now. >> our disagreement with the president is not about closing loopholes. none of us are fond of loopholes. our disagreement is over the idea of raising taxes on the very people that we're asking to create jobs in our cou
with the big debt talk. congressional leadering returning to the table this morning, after the grand bargain broke down last saturday and a tense 75-minute meeting last night failed to move negotiations forward. at 11:00 this morning, the president will hold a news conference to press publicly for his big deal. yesterday, his top economic adviser said the u.s. is out of options. >> we make 80 million checks a month to americans, 55 million people on social security benefits, millions more americans on veterans benefits, medicare, medicaid. people who supply our troops in combat. on august 2nd, we're left with cash on hand and the cash we take in. there is no credible way to give congress more time. there's no constitutional option, there's no delay option, there's no creative financial option. they have to act by the 2nd. >> no constitutional option, 14th amendment, off the table. here's what we know, debt talks appear to be at an impasse and here's why. the president is still pushing a big deal. democrats say the fallback plan, this $2 trillion plus package that was partially negotiated in
economic soundness to this country. that take as big deal. a lot of pain. democrats are upset the president talked about pain on their side of the ail and republicans are saying no way will we give tax relief to middle income americans. they want to continue tax relief to the wealthy. everyone agrees a number around $4 trillion will make a serious debt on our deficit. it will send a statement to the world that the u.s. has gotten ahold of their fiscal problems and they are moving forward. it will give confidence to the american people that we can move forward to bring economic soundness. that's the president's commitment. >> 6:00 on the east coast. welcome to "morning joe." look at that nice live look at times square. joe is looking spify today. he went shopping. it is monday, july 11th. >> i don't know what that means. >> we have msnbc -- well, yes. this is unusual. we have msnbc contributor mike barnicle, john heilemann. what's so funny? >> yeah, what's so funny? i don't get it. he's back. >> we can't get him to leave. we have "morning joe" economic analyst steve rattner and in washington
much progress towards getting a deal done. so we'll have to see if anything big came out of this meeting. what we can tell you is the backdrop is dwindling hope for getting a big deal done. as you said, president obama was pushing for a big deal, especially at the end of last week. somewhere in the neighborhood of $4 trillion in deficit reductions over the next ten year. it looked like at the end of last week, at least, speaker boehner was trying to get on that same page. it would have involved coming to the table over entitlement reforms, ib vochled republicans coming to the table over rolling back tax credits for wealthy americans and big corporation, but then over the weekend, speaker bain boehner wouldn't be able to support a big deal. they are discussing as you said a deal half the size. somewhere in the neighborhood of $2 trillion to $3 trillion in cuts. we expect eric cantor to have come to this meeting with their proposal. we expect that's what they were discussing during this meeting. we'll let you know exactly what happened once we find out. the president earlie
to meet the woman she saved. >> i probably give her a big hug and just say that i'm sorry that it took so long. i'm glad that her and her kids are okay. >> the officer has gotten a call from jaycee dugard's mother says not a day goes by that they don't thank them for what they did. >> some of the neighbors watched the interview with mixed emotions last night. they say they are horrified to hear what went on for so long but they are amazed at her strength and her recovery she is making from her ordeal. >> she has given strength to people in that similar situation and strived to make the best. >> she is very, very brave. >> they pleaded guilty to kidnapping and sex charges last month. she was sentenced to life in prison and nancy is serving 36 years to life. >>> now to the latest on seven missing northern california men in the gulf of california. within hours divers could start searching for them. a navy deep water team from hawaii is due to explore the wreckage of the erik that flu now on the sea floor. they will be looking to see if any of the missing men are still on the boat. meanwhile,
:it's an empty lot with big plans, the proposed stadium in santa clara, it's supposed to break ground next year costing hundreds of millions of dollars and while the funding isn't secured, plans are being made for the land across the street. plans welcome as big as the man behind him. joe montana, he wants to build a complex including hotel, sports bar and restaurant. >> the proposal looks good and it's going to be up to the counsel to decide how we negotiate. >> reporter:he wasn't available to speak with us today, he was expected at the meeting on tuesday to ask that the city negotiate only with his group for the next year and a half. >> in the normal course of things, the city would put out a request for proposals with and entertain whatever comes back to us. >> reporter:now the counsel is considering swerving that norm. >> he's joe montana, pretty much. >> reporter:it's not a bad idea. >> joe montana can probably just by name bring jobs and revenue to the bay area. >> i think he certainly should have first shot. he's done a lot for the community. i think he has class and style and he'll brin
of winning back the house, they don't want to go there. republicans have a big flank of new members elected on a pledge of no new taxes. nobody is dealing with reality. anybody on this panel, two of us could make a deal, but they cannot. >> why can they not make a deal, charles? >> you saw it in the clip you showed. nancy pelosi is the classic definition of a reaction. liberal. no changes in programs, entitlements. -- classic definition of a reactionary at liberal. no genocide programs, entitlements. if you all make -- note changes in programs, entitlements. if you don't make changes, he will wreck the economy, and everybody over the age of nine knows that. is that they are not willing to means test -- if they are not willing to means test entitlements, which you think and liberal alike, who always argue in terms of sharing the sacrifice and the rich bearing the burden, nothing will happen. >> colby? >> you just had exhibit number one of why they have not been able to reach a deal, as my friend charles expressed. if you start out with nancy pelosi and the position of republicans on tax incr
. he came to do big things. >> it should be a very busy monday for the president. he is expected to hold a press conference in the morning and resumed negotiations with congressional leaders. >>> for instant updates log on to our website wjla.com. >>> fighter jets intercepted three planes this weekend for getting too close to camp david. the president was at the retreat when two of the incidents happened. kris van cleave is live with why the air space is so difficult to navigate. >> it is a short flight to camp david. take a look at this map. theyse gray areas off limits. up here is camp david. this circle, closed airspace. when the president is here, see how much bigger the area get? this is where the planes were this weekend. >> when you fly toward hagerstown, you have to be careful. >> before he took off for ocean city he was sure to double check the air space near camp david. >> mistakes happen, and there is a lot of restricted airspace and you have to stay on top of that. >> there have been mistakes this weekend. fighters were sent to escort three different planes of restric
and humidity. that's the big story there. temperatures reach dangerously close high marks causing some cities to take action. we will tell you what they are doing. you are watching "good morning maryland" first and only at 4:30 in the morning. [ female announcer ] the counter. in most homes, it gets all the action. bring it. getting it clean again is easy with bounty. in this lab demo, one sheet of bounty leaves this surface as clean as 2 sheets of the bargain brand. ♪ why use more when you can use less? ♪ super durable. super absorbent. super clean. bounty. the one-sheet clean picker-upper. >>> now "good morning maryland." >>> 5:15. official say nine bodies have been recovered after a tourist boat sank in russia. more than 100 other people were still missing. it had over 185 people on board. reports say that the boat was certified to care yea maximum of 120 people. >>> tragedy in northern india. rescuers are pulling more bodies from the wreckage of a passenger train that derailed. the number of confirmed dead climbed to 67. and many more bodies are believed to be trapped under the twiste
pick up again on monday. >> the good news is we agree on some of the big things. >> reporter: president obama thought he and house speaker john boehner had an agreement to target $4 trillion in cuts. but saturday evening, the speaker abandoned that plan, saying it was just too ambitious, and couldn't pass. >> to get a big package would require a big tax increases in the middle of an economic situation that is extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job killer. >> reporter: democrats want to close some tax loopholes to offset the cuts. >> what is really appalling is to see our republican colleagues essentially providing a form of extortion. if you don't agree to deficit reduction the way we want it, we're going to put all these jobs at risk. >> reporter: uncle sam's credit rating may be at risk if congress fails to act soon. >> and if that happens, you're going to see catastrophic damage across the american economy and across the global economy. >> reporter: a critical meeting bringing together political leaders who remain far apart. brian mooar, nb
which i ambled over an aberration with and affirmative-action big sales. i don't need to tease them anything but i will tell you the truth is inherently appealing and a lot of college kids don't have that experience that is why i keep speaking despite the risk of physical violence because half of the audience does not have clearly defined political believes i am the only conservative they will hear after four years of college. a lot of things like this have happened but one example of syracuse one of the college republicans kept saying what they say at the green meeting. i said are you a secret mall? he said i used to be green. i said what changed you? i saw you give a speech and your the only person who made sense right after 9/11. it does make a difference for the kids were just forming opinions and if you just speak the truth is appealing. >> i'd like to read to quotes and ask you to comment on both of them and you may know them very well. as long as democrats can win the election without demagoguing happy to turn america into a banana republic putting us on a high-speed bullet t
-aid. >> when it comes to the deficit president obama says we have to think big. >> now is the time to deal with these issues. if not now, when? >> he doesn't want a temporary deal to raise the debt limit, he wants big deal. democrats say house speaker agreed to put them on the table will letting the tax cuts expire. >> unfortunately over the weekend speaker boehner says i can't deliver. i can't produce on my side. >> the sticking pointed. republicans were note on board for raising revenue. >> we're not going to raise taxes in the middle of this horrible economic situation. >> what is recently appalling is our republican colleagues do extortion. >> the deal so law can written before august 2nd. that is when the government is slated to run out of money mark go the first time that the u.s. government has ever defaulted on their debt. credit agencies will downgrade the u.s. credit rating. >> social security checks and military paychecks and stock market tanks and all that stifles the economy and leads to massive layoffs. >>> sis could confirms they will be laying off employees next month. they
democrats are calling for a roll back for tax benefits for wealthy americans, big corporations. republicans essentially saying, they can't support anything that looks like a tax hike. so we expect the president to come forward in his remarks today and resume his calls for a big deal. he's going to say now is the time to seize the moment and we're going to have to accept some political pain on both sides. that's something that we've heard him say before. political pain for the democrats would be coming to the table over entitlement reforms, in terms of social security, medicare, and, again, for the republicans, political pain might mean tax revenues. so that's what we expect him to say, chris. he's going to say that they're going to continue to talk until they get a deal done. as you know, there's that august 2nd deadline looming large. a lot of lawmakers want to see a deal within the next ten days so that that deal can be scored by the do and sold to both houses of congress. chris? >> thank you very much, kristin. let's go to new york and luke russert, coverage of capitol hill.
'll hear secrets from the set. you'll see how the wizarding world was brought to the big screen. we'll even show you an exclusive never-before-scene clip of the final movie just days before it open. first a look back on how it all began. >> be safe. be strong. >> reporter: harry potter. the boy who lived, faces his biggest challenge yet. a final showdown with the dark lord and an epic battle ten years in the making. >> the last harry potter. how's that feel? >> you know, very, very strange, considering we've done it for ten years. but it's also a wonderful feeling of achievement and particularly i'm very, very proud of this last film and i think it's the best out of all of them, i think, and you know, i'm very, very excited. >> also excited, the millions of harry potter fans around the world who have been waiting years for this if a nail. >> from what i could see just shooting it, i knew it was -- pretty epic. it's -- i think we -- we do it justice. i definitely -- yeah, we do. >> now, join me, harry, and confront your fate. >> very serious. rising again and really quite disturbing. we're l
and the speaker is that to get a big package would require big tax increases in the middle of an economic situation that's extraordinarily difficult with 9.2% unemployment. we think it's a terrible idea. it's a job killer. >> reporter: aides say house speaker john boehner called president obama saturday night and told him republicans would push for a smaller debt deal, just enough to cut about $2 trillion over 10 years and increase the debt ceiling by about that much. republicans say democrats' insistence on tax increases have forced them to call for a smaller deal. the administration calls that strategy insufficient. >> we need to do something very substantial to bring our long term deficits down over time in a way that's good for the economy so we give more support to the economy still healing. >> reporter: even if these negotiators strike a deal, they still have to sell it. democrats and republicans are pushing their leaders to stand their ground. rich edson, fox business. >> joining me now with more on the progress of these debt negotiations, maryland congressman chris van holland who
very big, very substantial to bring our long-term deficits down over time. we have to do that in a way that's good for the economy for more support because the economy is healing from the recession. it's going to require both sides to compromise. president's bringing leaders together again at the white house this evening to try to figure out how to move forward. >> what's he actually saying? because you're hearing boehner saying they're demanding tax increases, we're not going to do that. they've also said you were pedalling a bid on whether to cut entitlement programs like medicare or social security. what's the fact? >> that latter thing is not true. the president is standing tough. he is willing to do very, very difficult things. >> like what? on medicare? >> like getting substantial savings from the budget, across the budget. defense, the rest of government, even medicare/medicaid over the long term, there are things we can do responsibly to save money in those programs and we have to do that to bring the deficits under control. but to do that, we have to have some shared sacrifice
, but for the entire global economy. because the u.s. is such a big player. >> reporter: the white house says making a deal by the end of the week is crucial in order to meet that august 2nd deadline. now, should the nation reach that debt ceiling, the consequences could be devastating. it -- the brunt being felt by everything from businesses, wall street, financial markets would feel that, so would we, right down to individual households, all interest rates would go up, so it really would result in any sector of the economy. not anyone is talking about that being an actual outcome, that's the good news. >> let me ask you about that, all we hear publicly is how they are not compromising, are you hearing anything privately there is a sense of compromise down the road. >> we're sensing there is a true determination to come to an agreement on this deal because there is no alternative. no, these sides are not going to let that happen, they are not going to let the country go into default on its loans for the first time in history. every single person we are hearing from believes there will be a deal bec
a big enough presence for the obama administration for him to fight. i did not mean it as an insult to him or to the senate. even in the world's greatest chamber, these interchangeable. >> in a world where are squashes are limited, the survivors and the the dead appeared >> i think that is true. >> what the declaration is about is how virtually every aspect of our lives we are seeing greater individualization and personalization. personalization. but is our very identity. in politics, we are still stuck between dr. jekyll and mr. hyde. it is the wolf man versus frankenstein. who is really going to get fired up? these are shorthand for the incredible narrow range of things we actually have for. >> these are all leaders. mitch mcconnell has only been in the senate for 26 years. it feels like a sentry. did you write that? >> i think that will play my coat off their masks welch on that one. we are not trying to make light of politics. politics is important. there are things worth fighting over. far to the problem we have is that people have tribal loyalties to team blew and team read. -
a big clean up to do. a fire broke out at daly city's skyline elementary school on christian avenue. this happened about 11:30 last night. just look at the pictures. the portable classroom went up in flames. the damage includes the building itself, everything inside, books, chairs, audio- visual equipment. took firefighters about 15 minutes to put it out. authorities don't know what started the fire but it apparently started outside of the portable building. no word of any injuries and students by the way return to school on august 17th. >>> meantime firefighters say an overnight house fire in san francisco caused about $350,000 damage. this fire started just before 2:30 this morning at a home on melrose avenue. the flames then spread to a second house. took firefighters about 20 minutes to contain that one alarm fire. no injuries have been reported. authorities think the fire started in the living room of the first house, but the cause of the fire is still under investigation. >>> the book written by kidnap victim jaycee dugard does not go on sale for another day but it is already
in the bathroom. >>> there -- there are big questions about how a stun gun ended up an jetblue plane. it was found fry night before crew members. a stun gun was found tucked into the back of a seat. at this point, it's not clear who the weapon belonged to or how it got on the plane. the tsa and the fbi are both investigating. >>> well, the locals and tours at lake tahoe are seeing shrinking beaches. after more than 61 feet of snow fell this season, the lake is right above the natural rim according to the the tribune. water authorities say it could be water -- later 24 month before the levels finally peak. >>> the snow amount had a rapid increase last week. it has a big decrease this week. temperatures in the mountains in the 30s. for us, a lot of 50s and there's still low clouds on the go. which is kind of rare. we have low clouds and mist. a lot 6 drizzle. it will be back tonight into tomorrow. cooler, breezy, windy. very cool this week all the way through thursday, maybe friday, breezy to windy. it does look like there will be some warming. although there is a discrepancy. one forecast model kee
. that is why this decision was so appropriate. >> the other big shock is that the moderates seem to have won this round. people thought, progressives have themselves on the board. there is no reason that they will not get together and take a noted leader who is a progressive to be interim mayor, and then stayed there for another term. the great thing about being in term mayor is to get to run as an incumbent. the fact that the progressives could not get together to get somebody into office as interim mayor in their own self-interest was very surprising for a lot of us. >> what happened in the last month in city hall was an incredible show of democracy that was part policy, part politics, and it all came together, and more than anything -- not just from a reporter's perspective, often was this? but there was a public interest as well on what was going on in san francisco government. we take it for granted a law that there is a city government here. this was something that brought people together. you heard people talking about it at the cafes, park playground, people who do not always pay att
three weeks away. president obama is imploring congressional leaders to think big, though the top house republican bailed out last night, saying, it's time for a smaller plan. on abc's "this week," the white house chief of staff said the president isn't giving up. >> he is not someone to walk away from a tough fight. this is a very tough political fight. no question about it. but he didn't come to this town to do little things. he came to do big things. >> reporter: how big? the president was willing to put social security, considered a sacred cow to democrats, on the table. as well as major changes to the tax code. his plan would cut the deficit by $4 trillion. twice what republicans propose. here's the standoff. while republicans like the idea of cutting hundreds of billions of dololrs from medicaid, medicare and social security, democrats don't. >> we do not support cuts in benefits. >> reporter: and republicans refuse the president's plan to increase taxes, revenue, by cutting subsidies on oil and gas companies and closing tax loopholes for other businesses. >> to get a big package
ceiling, 55% of moderates say raise it. bob, we have two big news stories facing us. the unemployment rate going up to 9.2%. the united states facing a debt crisis. maybe not reaching the debt ceiling bill by the end of this month. the republicans are using the jobless figures to say no taxes whatsoever. they're also saying no deal. have they misread the american public? >> this is a moment when obama has to deliver. there's no question. on the economic front, if there is a default, we face a catastrophe. the talk -- one of the plans being discussed, which is the c.e.o. told me being discussed in the white house is they got that. i mean, the theme is postponement. the republicans in a sense are right. you can't raise taxes when the economy is so slow. the democrats are right. you can't cut spending when the economy is in this condition. so what do you do? postpone. what they say is, instead of a 12-year plan, maybe even a 15-year plan, and the key word here -- you'll love this -- feathering in. you feather in the pain so there actually are no real cuts, no revenue enhancements, as they cal
for john boehner, i think boehner was exactly right, his instincts were let's get a big deal, the problem is he couldn't sell it to his caucus dominated by tea party who consider themselves patriots, but this -- >> six months ago you heard bill talking about it with stuart varney, said we shouldn't be raising taxes in a down economy. andrea. >> he's absolutely right. these crazy tea partiers that bob loves to blast every chance he gets have the same position that president obama essentially had in 2006 when he said we shouldn't vote to raise the debt ceiling and if we did it would be irresponsible so the president, big political issues on the line but i agree with bob in one respect, john boehner has real trouble within his conference. there are members of the gop caucus that have come out and said we're not voting for any kind of deal as long as it includes raising the debt ceiling so boehner does have to work with democrats. big challenges on both sides. heather: democrats bob certainly have a problem, a lot of them are saying no cuts to social security, no cuts to medicare, no cuts to
that is come to the board of appeals, they're there every three or four weeks, we see a big tree case. i don't want palm trees on my treat. i want a six-foot box. everybody is very strongly felt about trees, i think. it happens constantly. >> it really brings out people's passions, which, as an -- as a forester, i'm always gratified to see. >> you're passionate. >> but this are also a -- oftentimes conflicts between trees and properties and developing a property, putting in a garage, you happen to have a tree in front of your house, you want to build a garage, you have to get a permit to take it out, we may not grant it automaticly, it can be a process that is challenging. >> we won't issue a permit to put in a garage or a curb cut, that requires a removal of the tree, until we get the tree removal permit first. so there's not a fate i've got my garage built and you can't have the tree standing in the way. >> used to happen a lot. the trees were, everybody forgot about us and then the garage was there, and people would say, you can't tell me i can't use my garage. >> then the little streets,
have those big social differences within our town. this is just shortly a slide that shows you what already has been polled, that denmark and the netherlands, they are in fact far ahead of all of the other european countries and belgium is somewhere in-between making an effort but for sure also at this trip, i have been able to learn a lot from my european colleagues in denmark and in the netherlands. brussels is in the heart of europe and i think it's also has been a very good thing that there is european regulations, although at this moment, european regulations are mainly on achieving certain environmental standards. let's say pollution by co2 and particles. but that has helped us as we had too high air pollution in brussels as it was sanctioned by the european union that we really could stress on alternative mobility. we don't wait until european legislation or regulation coming up. we also have no brussels, no belgium, but european towns, towns in europe, trying to find one another and to press, to put pressure on mayors and regional ministers to commit themselves to invest in
and increase the nations borrowing limit. >> everything they have told me and the speaker is to get a big package would require big tax increases in the middle of an economic situation extraordinarily difficult 9.2% unemployment. it is a job killer. >> we need to do something very big, substantial to bring long term debt down overtime we have to do that in a way that is good for the economy. >> reporter: of course there is a difference in opinion what is exactly good for the economy, house speaker john boehner said look the republicans are not going to agree on any package that includes any increases in taxes therefore the republican package is $2 trillion where as the deal the president has been pushing is a $4 trillion deal we should learn more at the press conference scheduled here at the white house 11:00 a.m. >>> three small planes in three separate incidents had to be intercepted by fighter jets this weekend each plane flew too close to camp david. the first around noon saturday another later that night the third happened late yesterday morning in every case the planes landed withou
on the small town of grandby, colorado. >> the vehicle was going in and out of this, basically, a big concrete warehouse, that was made out of prefast concrete. and what he would do is fall forward until the wall would collapse on top of him an then he would pull backwards and he was just going from one end of the build to the other doing that, causing the building to collapse on itself. >> glen trainor is the former undersheriff of grand county, colorado. when the call first comes in that a bulldozer is on the loose, he isn't overly concerned. but that changes after a report of shots being fired. it turns out, this is no ordinary bulldozer. >> when i arrived on scene and walked around the corner and saw this big behemoth tank there that that was fully encased in armor, i knew that we there a problem that was much bigger than our team could handle on our own. >> the homemade tank is outfitted with high-caliber rifles and is rolling over everything in its path. a few residents grabbed cameras to record the destruction as it happens. >> mad man in grandby. >> the rural sheriff's department is il
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